Welcome to our dedicated page for Mattel news (Ticker: MAT), a resource for investors and traders seeking the latest updates and insights on Mattel stock.
Mattel Inc (MAT) maintains its position as a global leader in toys and consumer products through continuous innovation and strategic brand management. This page aggregates official press releases, financial disclosures, and market developments directly from Mattel and verified sources.
Investors and industry observers will find timely updates on earnings reports, product launches, licensing agreements, and leadership announcements. The curated selection focuses on material events impacting Mattel's market position and operational strategy within the competitive toy manufacturing sector.
Key areas covered include innovations in educational play solutions, sustainability initiatives, and partnerships with entertainment franchises. Content is organized chronologically for tracking strategic developments while maintaining accessibility for both professional analysts and casual investors.
Bookmark this page for streamlined access to MAT's latest corporate communications and industry analysis. Regular updates ensure stakeholders stay informed about developments affecting one of the world's most recognized toy companies.
Mattel, Inc. (NASDAQ: MAT) is set to release its first quarter 2021 financial results on April 22, 2021, at 4:05 p.m. ET, followed by a conference call at 5:00 p.m. ET. The event will be accessible via the company's Investor Relations website. A recording of the call will be available for 90 days post-event, and a telephone replay is also provided until April 29. Mattel is a major player in the global toy industry, known for iconic brands like Barbie and Hot Wheels, and operates in 35 locations globally, reaching consumers in over 150 countries.
The 2021 Hot Wheels Legends Tour, presented by Mobil 1, is now open for fan car submissions, offering enthusiasts the chance to have their custom cars immortalized as die-cast toys. This year, the tour expands globally, featuring live and virtual events across 14 countries and 5 continents, starting in April. The competition will culminate in November with one custom car creation being inducted into the Hot Wheels Garage of Legends. Previous winners will also be featured in the Forza Horizon 4 video game. The tour builds on the success of past events and aims to attract more submissions due to increased fan engagement.
Mattel, Inc. (NASDAQ: MAT) announced that CEO Ynon Kreiz will participate in a fireside chat at the DA Davidson Consumer Growth Conference on March 11, 2021, at 10:15 a.m. Eastern Time. The event will be webcasted live on Mattel’s Investor Relations website, with an archive available soon after. Mattel is renowned for its diverse portfolio of iconic brands including Barbie®, Hot Wheels®, and Fisher-Price®, and operates in 35 locations worldwide, providing products in over 150 countries. The company focuses on creating innovative products that inspire and develop children through play.
Mattel, Inc. (NASDAQ: MAT) has priced an offering of $600 million in 3.375% Senior Notes due 2026 and $600 million in 3.750% Senior Notes due 2029. The offering is expected to close on March 19, 2021. Proceeds will be used to redeem outstanding 6.750% Senior Notes due 2025 and cover related expenses. The Notes are offered in a private placement to qualified institutional buyers under the Securities Act. This move is part of Mattel's financial strategy to improve its debt structure.
Mattel intends to offer $1.2 billion in Senior Notes, split equally between $600 million due in 2026 and $600 million due in 2029. Proceeds will finance the redemption of $1.225 billion of existing Senior Notes due 2025. The offering is aimed at qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S. The Notes will be guaranteed by all existing and future wholly owned domestic restricted subsidiaries that borrow or guarantee under its credit facilities. This move is expected to optimize Mattel's debt structure and manage future financial liabilities.
Mattel and Nickelodeon have unveiled plans for a new animated series and live-action musical movie based on the Monster High franchise. The series will feature popular characters like Clawdeen Wolf and Draculaura, aiming to engage a new generation of children. Set to premiere in 2022, the project emphasizes inclusivity and modern themes of identity and empowerment. Production is led by experienced teams from both Mattel and Nickelodeon, ensuring a blend of comedy and adventure. This initiative aligns with Nickelodeon's strategy to expand beloved franchises.
Mattel (NASDAQ: MAT) is set to launch two new animated Barbie specials: “Barbie & Chelsea The Lost Birthday” and a musical adventure featuring Barbie and friends in New York City. The first special focuses on Chelsea, Barbie's sister, who embarks on an exciting journey to reclaim her lost birthday. Directed by Cassi Simonds, the 60-minute movie will be available on various platforms like Netflix and Cartoonito. Additionally, new dolls and playsets related to Chelsea will be launched this spring, enhancing the Barbie franchise.
Mattel, Inc. (NASDAQ: MAT) received four Toy of the Year (TOTY) Awards from The Toy Association, recognizing its innovative toy introductions in 2021. The awards included categories such as Action Figure of the Year for the Fisher-Price #ThankYouHeroes Line and Doll of the Year for Barbie Color Reveal. Chief Commercial Officer Steve Totzke emphasized that these honors reflect Mattel's commitment to creativity and childhood empowerment. The TOTY Awards, considered the 'Oscars' of the toy industry, are crucial for fundraising efforts aimed at delivering toys to children in need.
Mattel, Inc. (NASDAQ: MAT) reported strong fourth quarter and full-year 2020 financial results, achieving a 10% increase in net sales in Q4, and 2% growth for the full year, despite pandemic challenges. The operating income for Q4 rose to $192.7 million, and EPS improved to $0.37. The company highlighted the effectiveness of its product offerings and supply chain. Looking ahead, Mattel anticipates continued growth driven by its new 'Optimizing for Growth' program, aiming for $250 million in cost savings by 2023.
FAQ
What is the current stock price of Mattel (MAT)?
What is the market cap of Mattel (MAT)?
